Jim Cramer: Oracle Is the King of Data Centers and Fastest Growing

Core Viewpoint - Oracle is positioned as the fastest growing player in the data center market, with significant growth in its multicloud database business and a substantial increase in remaining performance obligations [1] Company Performance - Oracle's remaining performance obligations surged 438% year-over-year to $523 billion in Q2 FY2026 [1] - The multicloud database business grew 817% in Q2, indicating strong demand and strategic positioning [1] - Despite these growth metrics, Oracle's stock is down 22% year-to-date, currently priced at $151.56, which is below the analyst consensus target of $253.08 and the 52-week high of $344.21 [1] Market Position - Oracle is building 72 multicloud data centers integrated within Amazon, Google, and Microsoft clouds, leading the industry in the number of live and planned cloud regions worldwide [1] - The company's strategy of "chip neutrality" allows it to operate across various platforms, attracting contracts from hyperscalers rather than competing directly with them [1] Broader Industry Context - Other companies in the data center space are also experiencing growth, with Nvidia reporting data center revenue of $62.31 billion, up 75% year-over-year, and Broadcom's AI revenue reaching $8.40 billion, up 106% [1] - GE Vernova reported a record backlog of $150 billion, driven by demand for gas turbines related to data center electricity needs [1] Sentiment Analysis - Retail sentiment towards Oracle is currently bearish, with a Reddit sentiment score of 18 out of 100, contrasting with a more favorable institutional outlook, which includes 26 buy ratings and only one sell from Wall Street analysts [1]